Biden's first statement before leaving office: Congress members should be prohibited from engaging in Stocks Trade.

① The President of the USA, Biden, stated in an interview that members of Congress should be prohibited from trading Stocks; ② This is the first time Biden has expressed his opinion on the issue of Congress members trading Stocks, and given that he has only one month left in his term, the impact of his statement remains unclear.

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Markets Might Have Overreacted to Fed's Signals -- Market Talk

WSJ19minutes ago

The degree of change is shocking! The Federal Reserve may have entered a "new phase."

Some economists believe that the "culprit" behind the global financial market crash on Thursday may still be Trump...

Golden10 Data22minutes ago

Goldman Sachs: Although the Federal Reserve is hawkish, Powell is more dovish and still expects three interest rate cuts next year.

Goldman Sachs believes that Powell leaned dovish at the press conference, mentioning four times that Federal Reserve policy remains "significantly restrictive" and disagreeing with the view that the federal funds rate is close to neutral. Goldman Sachs expects rate cuts in March, June, and September next year, but it should be noted that the cut in March requires better inflation data or worse employment data to support it.

wallstreetcn29minutes ago

Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.

Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.

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Express News | Morgan Stanley expects that the Federal Reserve will cut interest rates by 25 basis points twice in 2025, whereas it was previously anticipated that there would be three cuts of 25 basis points after the December Federal Open Market Committee meeting.

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